Lam Research Appoints Bethany Mayer and Leslie Varon to Board of Directors
May 13 2019 - 4:05PM
Lam Research Corporation (Nasdaq: LRCX) today announced that
Bethany Mayer and Leslie Varon have joined the company’s board of
directors effective as of May 9, 2019. These additions will expand
Lam’s board to 11 members. Mss. Mayer and Varon will join the
board’s audit committee.
Ms. Mayer is an executive partner of Siris Capital Group LLC.
Her previous positions include executive vice president, corporate
development and technology of Sempra Energy; and president and
chief executive officer of Ixia. She has also held leadership roles
at Hewlett-Packard Company, Blue Coat Systems, Inc., Cisco Systems,
Inc., and Apple Computer, Inc. Ms. Mayer is currently a member of
the board of directors of Marvell Technology Group Ltd, where she
is a member of the audit committee; and SnapRoute, Inc. In the
past, she has served on the boards of directors of DataStax, Inc.,
Pulse Secure LLC, Sempra Energy, Delphi Automotive PLC, and
Ixia.
Ms. Varon is the former chief financial officer of Xerox
Corporation. Her previous leadership roles during her tenure at
Xerox include vice president of investor relations, vice president
of finance and corporate controller, and director of corporate
audit. Ms. Varon is currently a member of the board of directors of
Dentsply Sirona, Inc., where she chairs the audit and finance
committee; and Hamilton Lane, where she is the chair of the audit
committee. She previously served on the board of directors of
Xerox International Partners.
"We are pleased to welcome both Bethany Mayer and Leslie
Varon as Directors of Lam Research," said Stephen G.
Newberry, chairman of Lam Research. "They bring to
the Lam Research board substantial finance and operations
knowledge, broad technology industry expertise, and significant
board experience. We are looking forward to the perspectives that
they will bring to our boardroom.”
About Lam ResearchLam Research
Corporation is a global supplier of innovative wafer
fabrication equipment and services to the semiconductor industry.
As a trusted, collaborative partner to the world’s leading
semiconductor companies, we combine superior systems engineering
capability, technology leadership, and unwavering commitment to
customer success to accelerate innovation through enhanced device
performance. In fact, today, nearly every advanced chip is built
with Lam technology. Lam Research (Nasdaq: LRCX) is a
FORTUNE 500® company headquartered in Fremont, Calif., with
operations around the globe. Learn more
at www.lamresearch.com. (LRCX-B)
Caution Regarding Forward-Looking
StatementsStatements made in this press release that are
not of historical fact are forward-looking statements and are
subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements
relate to, but are not limited to, the knowledge, expertise,
experience and perspectives directors may bring to the board, our
technology leadership, our commitment to customer success, and our
continued ability to accelerate innovation and enhance device
performance. These forward-looking statements are based on current
expectations and are subject to uncertainties and changes in
condition, significance, value and effect, and other risks detailed
in documents filed by us with the Securities and Exchange
Commission, including specifically our annual report on Form 10-K
for the fiscal year ended June 24, 2018 and Form 10-Q for the
quarters ended March 31, 2019 and December 23, 2018. These
uncertainties and changes could cause actual results to vary from
expectations. The Company undertakes no obligation to update the
information or statements made in this press release.
Company Contacts: Libra WhiteMedia Relations510-572-7725
publicrelations@lamresearch.com Ram Ganesh Investor Relations (510)
572-1615investor.relations@lamresearch.com
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